Mipox Corporation (JASDAQ:5381) announced a private placement of 25,000 series 1 warrant units at ¥352 per unit for gross proceeds of ¥8,800,000 on March 5, 2018. The transaction will include participation from Mizuho Securities Co., Ltd., Investment Arm. Each warrant unit entitles the holder to acquire 2,500,000 shares of the company at an exercise price of ¥740 per share from March 23, 2018 to March 23, 2020. The allocation date is March 22, 2018. The company will pay expenses of ¥6,730,000 in the transaction. The company will receive net proceeds of ¥2,070,000 in the transaction. The company will issue securities through third party allotment method.